Coal India Ltd. Technical chart | 15-Dec-2011



 

Let us analyze the technical chart of Coal India Ltd., listed on Indian stock exchange, with ichimoku Kinko Hyo indicator.

 

 

 

 

 

 

 

 

 

Like my previous post on ONGC, Coal India is also trading below kumo. Not a right time to invest in this stock as there is more room for downside here. It will give bullish breakout only above 352. Below it’s a weak chart.

Rate the Above Article:
See also  Cipla Technical Chart | 07-Dec-2011






Leave a Comment

5 + fifteen =